of Potawatomi Business Development Corporation It is literally and figuratively expanding its real estate presence.
Business development arm The Potawatomi Community of Forest County, Wisconsinannounced Friday that it has signed a new lease for 18,357 square feet of office space 833 East Michigan Office building in downtown Milwaukee.
The new location will accommodate the growth of PBDC subsidiaries such as the construction management firm. Greenfire Management ServicesWgema rental and new electric vehicle (EV) business unit, Friday press release, as well as the expansion of the corporation’s real estate development group.
CEO Randy Muller said, “This office expansion prepares us for the expected growth among our many subsidiary companies, and represents a significant milestone for our company and our owners, the Forest County Pottawatomie community, as it coincides with our 20th anniversary.” PBDC said. “We are thrilled to be an active presence in Milwaukee’s Central Business District and to demonstrate our commitment and dedication to community engagement.”
“PBDC has joined the tenant list at 833 East,” said Mark Irgens, owner of the 88 East Michigan building at 833 E. Michigan St. We are a buyer of high quality that improves more” a 358,962-square-foot, 18-story Class A office building.
“We welcome the addition of this growing team to our community,” said Irgens CEO Irgens.
PBDC will continue to occupy office space in the Bgemagen building on the Wgema campus, where it has been headquartered since 2011. The company’s EV business unit.
“We are currently seeing tremendous growth opportunities and are well positioned to leverage each of our business units in complementary ways,” Muller said.
PBDC launched the Sagewind development to focus on developments in southeast Wisconsin and take advantage of opportunities among other branches. The company is led by Andy Wigman, a 20-year veteran of the commercial real estate industry.
PBDC Retail is led by David Loveras, who, prior to joining the company, spent over 30 years in the convenience/retail industry. PBDC currently operates travel center locations in Crandon and Carter, Wisconsin, is completing prototypes for future stores, and is identifying growth sites in high-traffic corridors around the state.
The EV business unit was launched last summer and Dan Montag is the company’s director of strategy. The company is solely focused on researching and deploying offerings in the electric vehicle technology space to establish commercially viable initiatives and products, the press release said.
“With big plans for the next decade, we see the opportunity to expand our office presence on the Near West Side and downtown Milwaukee as a big step into our future,” Mueller said.
Founded as an economic development and revenue diversification business of the Forest County Pottawatomie Community (FCPC), PBDC currently employs more than 1,000 people across the United States.